Macroeconomic Equilibrium Occurs When

question 59

Multiple Choice

Macroeconomic equilibrium occurs when:

• A)aggregate expenditure = GDP.
• B)aggregate expenditure = C + I + G + NX.
• C)real GDP = potential GDP.
• D)aggregate income = planned inventories.

---

Definitions:

Colonization

The act of establishing a colony or colonies in a territory by a country or a group, often involving domination and exploitation of the native inhabitants.

Raleigh

The capital city of North Carolina, named after the English explorer Sir Walter Raleigh.

Indians

Refers to the indigenous peoples of the Americas, often used in a historical context to describe the native populations encountered by European explorers and colonizers.

Europeans

People from the continent of Europe or of European descent.